Industry
April 3, 2023
New Levy Proposed on UK Gambling Firms to Fund NHS Addiction Treatment
Daily Mail and Daily Express reported that the UK Government is planning to introduce a new levy on gambling companies to fund treatment programs for those addicted to gambling, with the proceeds being directed toward the National Health Service (NHS). Proposed New Levy to Prevent Firms from Exploiting Loopholes in Gambling Contributions The proposed new […]
Sports
April 3, 2023
NBA Players Get Permission to Invest in Weed, Sportsbook Companies
This has not changed, but the NBA’s collective bargaining agreement (CBA) has been reportedly altered to allow players to invest in sportsbooks and cannabis production companies if they choose to. NBA to Let Players Invest in Sportsbook and Cannabis Companies This is a dramatic change from the previous CBA which explicitly prohibited athletes to take […]
Sports
April 3, 2023
March Madness Results in 2023 All Over the Place
March Madness results have been all over the place. The Westgate Las Vegas lost $200,000 on a 400-1 odds bet of $500 placed on Florida Atlantic to make the Final Four. The company paid up. Then, there was Red Rock Resort in Las Vegas which scooped up a good amount of revenue from the collegiate […]
Sports
March 31, 2023
Bally’s Becomes Official Partner of Minor League Baseball
Global casino-entertainment company Bally’s Corporation announced a new partnership with Minor League Baseball (MiLB) Friday. Under the terms of the new multi-year collaboration, Bally’s gained rights to live broadcast, as well as exclusive free-to-play gaming content rights for its digital platforms. The new partnership marks an important achievement for the duo. This is because the […]
Sports
March 31, 2023
2023 Australian Grand Prix Formula 1 Odds, Time, and Prediction
It’s time for the third Formula 1 race of the 2023 season, and the winners of the first two – Max Verstappen and Sergio Perez – are the top two betting favorites to win the Australian GP on Sunday. If the oddsmakers are right, it means that we’ll see Red Bull Racing-Honda RBPT record the […]
Sports
March 31, 2023
ESPN: Social Media Abuse Affects College Players Too
March Madness is one of the hottest events in professional sports. Needless to say, it attracts millions of bettors each year. While many enjoy wagering regardless of the outcome, others are so focused on winning that they end up abusing athletes on the web. ESPN addressed this relevant issue, highlighting how online bullying can affect […]
Business
March 31, 2023
GAN Posts Strong Q4 and 2022, Confirms Strategic Review Launch
North American business-to-business (B2B) technology provider of real money internet gaming solutions and fast-growing international business-to-customer (B2C) betting operator, GAN, released its unaudited financial results outlining the performance of the company during the fourth quarter and 2022. The company posted strong revenue growth for Q4 and 2022, complemented by growth within B2B and B2C segments. […]
Sports
March 31, 2023
March Madness Benefits Operators in Vegas and Beyond
Once again, the NCAA Men’s College Basketball Championship, also known as March Madness, attracted countless sports betting aficionados to Las Vegas. Despite its efforts to distance itself from gambling, the annual tournament continues to attract millions of punters. The Nevada Independent’s Howard Stutz reported that the West Regional Championship, which is the first time Las […]
Sports
March 31, 2023
Star Sports Accused of Ignoring Social Responsibility Toward Problem Gambler
The Racing Post reported that O’Brien claims that the sportsbook ignored its social responsibility towards him as they were aware of his gambling addiction but still allowed him to bet, leading to a loss of over GBP48,000 ($59,533) between September 14, 2018, and March 30, 2019. O’Brien stated that the amount he lost did not […]
Legal
March 31, 2023
IMG Arena Sues Stats Perform for Unauthorized Soccer Data Collection
SBC News reported that IMG Arena filed a lawsuit against Stats Perform over alleged breaches of exclusive data collection rights during Austrian, Czech, German, Greek, and Swiss soccer matches. Stats Perform Accused of Breaching IMG Arena’s Exclusive Data Collection Rights In the claim, IMG Arena alleges that Stats Perform has been operating an unauthorized network […]
